Spread before costs (cost unknown: a leg has no order-book sample)+0.550%
7d average—if it closes, per $10,000$55funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_1000SHIB_USDC | 0.000005997 | 0.0100 | pay 0.0100% / 8h | 7h 47m | $6K | $1K | 20x |
| Short | Phemex u1000SHIBUSDT | 0.000006030 | 0.0100 | get 0.0100% / 8h | 7h 47m | $2.1M | $4.5M | 50x |
Orderly PERP_1000SHIB_USDC
Phemex u1000SHIBUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $55.03
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $37.03
- Spread needed to break even
- 0.180%
Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 14.16 bp | 22.9 bp −$23 | 62.9 bp −$629 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005767+15.340%Gate0.000005984+19.680%MEXC0.000005987+19.740%BingX0.000005987+19.740%Reya0.000005987+19.740%OKX0.000005988+19.760%KuCoin0.000005989+19.780%Bitget0.000005989+19.780%gTrade (Gains Network)0.000005992+19.846%Binance0.000005994+19.880%
GMX
Injective
Gate
MEXC
BingX
Reya
OKX
KuCoin
Bitget
gTrade (Gains Network)
BinanceOrderly0.000005997+19.940%
BloFin0.000005998+19.960%Hyperliquid0.000005999+19.980%Extended0.000006004+20.083%Aster0.000006009+20.180%Coinbase International0.000006010+20.200%Kalshi0.000006018+20.366%Lighter0.000006026+20.520%dYdX0.000006028+20.560%
BloFin
Hyperliquid
Extended
Aster
Coinbase International
Lighter
dYdXPhemex0.000006030+20.600%
Pacifica0.000006031+20.620%Deribit0.000006031+20.620%HTX0.000006031+20.620%Paradex0.000006032+20.649%Kraken Futures0.000006032+20.650%SoDEX0.000006035+20.700%Backpack0.000006037+20.740%SunX0.000006040+20.800%
Pacifica
Deribit
HTX
Paradex
Kraken Futures
SoDEX
Backpack
SunXSHIB on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX SHIB/USD [ETH-USDC] | −16.625% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −3.835% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| Gate SHIB_USDT | −0.217% | −0.0322% | 8h | $6.8M | $4.9M | 75x | as long as short |
| MEXC SHIB_USDT | −0.167% | +0.0100% | 8h | $31.3M | $13.3M | 300x | as long as short |
| BingX 1000SHIB-USDC | −0.167% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Reya kSHIBRUSDPERP | −0.166% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| OKX SHIB-USDT-SWAP | −0.150% | +0.0100% | 8h | $8.0M | $25.9M | 50x | as long as short |
| KuCoin SHIBUSDTM | −0.133% | +0.0100% | 8h | $4.8M | $2.4M | 75x | as long as short |
| Bitget SHIBUSDT | −0.133% | +0.0100% | 8h | $11.5M | $11.3M | 75x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.078% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |